What is Span-America Medical Systems Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Span-America Medical Systems's interest expense for the
three
months ended in Mar. 2017 was $ 0.00 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Mar. 2017 was $0.00 Mil.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Span-America Medical Systems's Operating Income for the
three
months ended in Mar. 2017 was $ 1.40 Mil. Span-America Medical Systems's Interest Expense for the
three
months ended in Mar. 2017 was $ 0.00 Mil.
Span-America Medical Systems has no long-term debt (1).
The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Span-America Medical Systems Interest Expense Calculation
Interest Expense is the amount reported by a company or individual as an expense for borrowed money.
Interest Expense for the trailing twelve months (TTM) ended in Mar. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Span-America Medical Systems (NAS:SPAN) Interest Expense Explanation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Span-America Medical Systems's Interest Expense for the
three
months ended in Mar. 2017 was $0.00 Mil. Its
Operating Income
for the
three
months ended in Mar. 2017 was $1.40 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Mar. 2017 was $0.00 Mil.
Span-America Medical Systems's Interest Coverage for the quarter that ended in Mar. 2017 is calculated as
| Span-America Medical Systems had no long-term debt (1). |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The higher the ratio, the stronger the company's financial strength is.
Span-America Medical Systems (Span-America Medical Systems) Business Description
Traded in Other Exchanges
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Address
Span-America Medical Systems Inc was incorporated under the laws of the state of South Carolina on September 21, 1970. The Company manufactures and distributes therapeutic support surfaces, mattress overlays, patient positioners, seating cushions, skin care products and fall prevention products for the medical market and pillows, mattress pads and various foam products for the custom products market throughout the United States and Canada. Its operations are divided into two main business units or segments: medical and custom products. The Company's main medical products consist of polyurethane foam mattress overlays, therapeutic support surfaces (which consist of non-powered and powered therapeutic support surfaces) and patient positioners as well as Selan (r) skin care, seating and fall protection products. The Company's custom products segment includes two product lines namely consumer bedding products and various engineered industrial products. The Company's consumer product line consists mainly of convoluted and contour-cut mattress overlays and specially designed pillows for the consumer bedding market. It sells these products mainly in North America to customers in the segments of the health care market, including acute care hospitals, long-term care facilities and home health care providers. The Company's manufacturing operations are subject to various government regulations pertaining to the discharge of materials into the environment.
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Span-America Medical Systems (Span-America Medical Systems) Headlines
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